Regulatory Alerts2003-06-10
Louisiana Office of Financial Institutions Directors' Examination Report Cover Sheet
The Louisiana Office of Financial Institutions mandates that state-chartered banks, savings banks, and savings associations secure an annual Directors' Examination under a rule effective March 2002. Each institution's audit committee must present a written examination summary to the board of directors and submit two copies of the complete report, practitioner comment letters, and the institution's written responses. Completed filings must be mailed to the Baton Rouge office by April 30 for December 31 fiscal years, or within 120 days for alternative reporting periods.
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